Equity manager Polar Capital, quoted on London’s Alternative Investment Market, saw its assets soar 42% to $7.2bn over the year to March 31, following inflows of $1.6bn. In the subsequent period to May, assets rose yet higher to $8.8bn.

Polar saw inflows every quarter over the year. It declined to break down inflows for each of its funds, but those which sported the biggest gain in assets under management over the year included Polar's North American fund, up 365% to $637m; its core Japan specialist, up 57% to $2.4bn; and a global insurance fund, up 38% to $485m, according to its results statement.